need to rise ... like usual ...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21143. (Read 26712348 times)
August 02, 2015, 06:41:02 PM
1 monday of the month.
need to rise ... like usual ...
need to rise ... like usual ...
August 02, 2015, 06:04:04 PM
My latest prediction: $400 within 2015.
Why so bearish?
August 02, 2015, 06:02:16 PM
August 02, 2015, 05:50:01 PM
My latest prediction: $400 within 2015.
August 02, 2015, 05:45:35 PM
i hope for another leg down before we go up again 
Yeah, guys. Come on, wait for me! I just need a few more weeks to get this exchange thing verified and completely figured out.
August 02, 2015, 05:34:51 PM
i hope for another leg down before we go up again
August 02, 2015, 05:26:36 PM
ROCKET WE GO MOON NOWWWWWWWW 
August 02, 2015, 05:21:16 PM
only about 5K coins to dump to get to $275. Think it'll get touched by the Chinese panic monkeys tonight? I'm thinking dumpers are out of coins to dump, but I've been really wrong before. I may be margin long, but I still have some dry powder just in case they take one last good whack at support.
oops, another big buy. I see the bears opportunity slipping away. maybe resistance will get tested first.
oops, another big buy. I see the bears opportunity slipping away. maybe resistance will get tested first.
August 02, 2015, 05:07:16 PM
billyjoe with the c-c-c-c-combo breaker.
slow sunday...
slow sunday...
August 02, 2015, 05:02:21 PM
August 02, 2015, 04:58:38 PM
At least for me it seems the world is not really ready/interested in Bitcoin but much rather they are interested in the Blockchain behind it.
It seems this way because news outlets are reporting the proclamations of bankers, as if having more authority than the opinions of a band of ragtag technologists and libertarian amateur economists. Bankers, for their part, are interested in blockchain technology and not Bitcoin itself, as they want the cheapness of decentralized ledgers while maintaining insulative control that allows them to create money at will.
Quote
But in the current form of Bitcoin as a currency is not the valuable thing... The Blockchain is the valuable thing.
Yes. The Blockchain (I note you accorded it proper noun status) -- the specific blockchain attached to Bitcoin -- is the valuable thing. Banks have a major challenge ahead of them trying to create a separate blockchain under their control, that is secure against 'incursions', when Bitcoin's Blockchain is already secured with the largest collection of computing power that humanity has ever amassed against a single problem.
Bankers as a rule are stupid. It may take them quite a while to figure out that their blockchain is worthless unless somebody pays the miners. I may talk down about miners occasionally, but they are necessary. Also, the age of the ledger gives it added legitimcy, and no crypto ledger is older than bitcoins. As you say, it's the difference between a record of a transaction and THE record of a transaction.
August 02, 2015, 04:02:18 PM
August 02, 2015, 03:02:19 PM
August 02, 2015, 02:55:29 PM
At least for me it seems the world is not really ready/interested in Bitcoin but much rather they are interested in the Blockchain behind it.
It seems this way because news outlets are reporting the proclamations of bankers, as if having more authority than the opinions of a band of ragtag technologists and libertarian amateur economists. Bankers, for their part, are interested in blockchain technology and not Bitcoin itself, as they want the cheapness of decentralized ledgers while maintaining insulative control that allows them to create money at will.
Quote
But in the current form of Bitcoin as a currency is not the valuable thing... The Blockchain is the valuable thing.
Yes. The Blockchain (I note you accorded it proper noun status) -- the specific blockchain attached to Bitcoin -- is the valuable thing. Banks have a major challenge ahead of them trying to create a separate blockchain under their control, that is secure against 'incursions', when Bitcoin's Blockchain is already secured with the largest collection of computing power that humanity has ever amassed against a single problem.
August 02, 2015, 02:54:08 PM
No doubt the bears will be out in full force soon...they tried hard for the last few days but leverage short is a big mistake at this point imo !
Shorts on bitfinex at 9600. No one shorting the rallies anymore.
If we hold this technical level the next three months could be exciting.
EDIT: and the walls are gone, toehold back on 280 again..
Hopefully there is less trading volume so let's hope the price will not drop by that much.
August 02, 2015, 02:49:37 PM
No doubt the bears will be out in full force soon...they tried hard for the last few days but leverage short is a big mistake at this point imo !
Shorts on bitfinex at 9600. No one shorting the rallies anymore.
If we hold this technical level the next three months could be exciting.
EDIT: and the walls are gone, toehold back on 280 again..
August 02, 2015, 02:47:32 PM
Bitcoin has been really volatile again these past few days. Last time I checked the price it was at $290 and it has been bouncing around $276 - $290 a lot lately. I wonder if it will have a leg up or down soon.
A leg up. That bounce down was the price re-coiling before it jumps back up over $300. It just has to back up a bit so that it can get a running start.
August 02, 2015, 02:14:30 PM
A lot of votes for BTC over $700 in August...interesting.
August 02, 2015, 02:09:08 PM
Bitcoin has been really volatile again these past few days. Last time I checked the price it was at $290 and it has been bouncing around $276 - $290 a lot lately. I wonder if it will have a leg up or down soon.
August 02, 2015, 02:02:23 PM
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